Strong performance in line with Ambition AXA

Dividend of Euro 0.95 per share, up 17% from FY13, to be proposed by the Board of Directors

“AXA has delivered another year of earnings growth in all business lines, with underlying earnings crossing the Euro 5 billion mark for the first time in the company’s history” said Henri de Castries, Chairman and CEO of AXA. “In the context of our continued successful delivery on Ambition AXA and our sustained balance sheet strength, the Board of Directors is proposing a dividend of Euro 0.95, an increase of 17% versus last year, which corresponds to a payout ratio of 45%.”

“In 2014, we recorded top line growth in all our businesses, maintained our discipline in writing profitable and capital efficient business and continued to pursue active asset liability management - all contributing to AXA’s strong and sustainable performance.”

“We are well positioned to successfully conclude our Ambition AXA plan in 2015. As we look ahead, we will continue to diversify our geographical footprint and business mix, as well as further improve our operational efficiency, which should help us perform well even in a low interest rate environment. We will also accelerate the transformation of our operations, which will involve adapting to the digital revolution and developing new partnerships to serve our customers better, and create lasting value for our stakeholders.”

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AXA's Chairman & CEO, Henri de Castries comments on full year 2014 earnings:

"AXA" is the brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY,NY), MONY Life Insurance Company of America (AZ stock company, administrative office: Jersey City, N.J.), AXA Advisors, LLC (member FINRA, SIPC), and AXA Distributors, LLC. AXA S.A. is a French holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC. The obligations of AXA Equitable Life Insurance Company and MONY Life Insurance Company of America are backed solely by their claims-paying ability.